Goodman expands portfolio in the Port of Hamburg

Tuesday, 7 February 2017

Goodman Group, a global leading owner, developer and manager of logistics real estate, is developing a new 12,700 sqmlogistics centre in Altenwerder Freight Village in the Port of Hamburg. The facility is divided into two units, from which Goodman is constructing 7,100 sqmfor Symrise, a leading supplier of fragrances and flavours. A further 5,600 sqm of logistics space developed by Goodman is available here for immediate lease. The property will be completed by summer 2017.

Symrise is a world leading supplier of fragrances and flavours, cosmetic raw materials and active ingredients as well as functional constituents for numerous industries. The group based in Holzminden, Lower Saxony, is represented in over 40 countries in Europe, Africa and the Near and Middle East, in Asia, the USA and Latin America. To combine the logistics capacities of several locations, the company opted for the development of a new logistics centre in the Port of Hamburg, one of the principal goods handling locations in Northern Europe.

“In Goodman, we have found a reliable partner for the development of our logistics property. This flexible and high-quality property in one of the most popular logistics regions in Germany is an ideal base for worldwide distribution of our products. The logistics centre will be completed within the shortest time, so that we will control our logistics processes optimally from the Port of Hamburg as early as this year,” said Reiner Nowak, CEO of Symotion, a wholly owned logistics services subsidiary of Symrise AG.

Safe storageThe facility for Symrise, which has a total area of 7,100 sqm, includes 6,300 sqm of storage area. The hall height is 11.75 m and the goods are processed efficiently via six loading gates. In addition to this are 500 sqm for mezzanine levels, and 300 sqm for office and social areas. The building incorporates high specifications: in the building design, Goodman has taken into account the German water management act (WHG) and the implementation of separate fire compartments. As a result, Symrise benefits from safe storage of the entire product range and particularly of the hazardous goods. The entire facility is equipped with energy-efficient LED lighting. After completion, the property should receive the Gold certificate from the German Sustainable Building Council (DGNB).

“In times when there is a shortage of space, Goodman has secured properties in Hamburg at an early stage. Thanks to our long-term land banking strategy, we were able to offer our customer Symrise logistics space in the Port of Hamburg, one of the most popular European logistics locations. Altenwerder freight village scores points with its direct connection to the A7 motorway and its immediate proximity to the neighbouring container terminal Altenwerder which is one of the most modern terminals worldwide,” said Christof Prange, Head of Business Development at Goodman in Germany.

Further space availableIn the same property in Altenwerder freight village, a further 5,600 sqm of logistics space with high-quality equipment will be available in summer 2017. This second unit includes 100 sqm for offices and social areas and 600 sqm of mezzanine levels. The property design allows flexible use, with possibilities such as cross-docking or outdoor storage. In line with sustainable building standards, Goodman has fitted the facility both with a continuous window strip on the mezzanine level for optimal use of daylight and with LED lighting. The foundation slab is sealed with a WHG-compliant film and suitable for the storage of goods in water protection class 3.

Hamburg: Most attractive logistics region in GermanyIn the latest “Logistics + Real Estate 2016” study by analysis company bulwiengesa, Hamburg was identified as the most attractive of a total of 28 logistics regions in Germany. 225,000 sqm of logistics space were marketed in the first half of 2016, including the Goodman Interlink Hamburg logistics park in neighbouring Finkenwerder. By summer 2016, the company had fully let this within twelve months.

For further information, please contact:Jana-Sofie StrobelMarketing Manager for Germany and The Netherlands+32 2 263 40 58Jana-Sofie.Strobel@goodman.com